The Business Times, 14 December 2009

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|]^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, December 14,2009
    23 words
  • Article, Illustration
    Lock icon D-day for Dubai as payment on bond is due
    599 1 Bloomberg, Reuters, AFP Dubai's possible Nakheel default to affect $5.25b debt but market's hopeful [DUBAI] The world has been holding its breath for this day, ever since Dubai World shocked markets by seeking to delay its debt repayment. Nakheel PJSC's payment
    – Bloomberg, Reuters, AFP; AFP  -  599 words
  • Article, Illustration
    Lock icon Private equity crisis may turn into a rout
    917 1  -  OH BOON PING 20 to 40 per cent of the biggest leveraged buyout PE firms could fall by the wayside By [SINGAPORE] The signs are there, and a major shakeout is underway. Some observers say that the next few years could see
    917 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      52 1 IT Index 2,800.75 +9.74 1COMP 1,260.00 -10.20 IIKKEI225 10,107.87 +85.28 IANG SENG 21,902.11 -596.04 ;et index 703.64 +2.06 JAKARTA COM P 2,519.10 +7.56 IANILACOMP 3,031.13 -30.86 ;eoulcomp 1,656.90 +32.14 ;henzhen b 635.30 +4.68 IUMBAI IND 17,119.03 +17.49 )OW 10,471.50 +82.60 IAS DAI 2,190.31 -4.04 ;&p 500 1,106.41 +0.43 =TSE
      52 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.972 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ ier US$) 1.390 (USS/SS per 1.632 2.268 lURO (US$,S$/E) :oreign currency 1.473 2.048 ier US$, S$ 'EN 88.80 63.90 3.397 2.444 IK$ 7.751 5.577 !AHT 33.13 23.83 lUPIAH 9,440 6,792 1ENMINBI 6.828 4.912 INDIAN RUPEE 46.55 33.49 1.092 0.786 IZ$ 1.377 0.991
      45 words
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      3 1 8 *****1 *****4
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      50 1 ROLEX.COM OYSTER PERPETUAL GMT-MASTER II Jl. V-/l_J Hi A. E THE HOURGLASS Contemporary Horologies! Art lON ORCHARD TEL 6509 9282 MILLENIAWALK. TEL 6339 4870 NGEE ANN CITY TEL 6734 2420 LUCKY PLAZA TEL *****262 TANG PLAZA TEL 6235 7198 ORCHARD CENTRAL TEL 6337 8309 RAFFLES HOTEL ARCADE TEL 6334 3241
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      42 1 COMMENTARY DINING OUT HOCK LOCK SIEW YOUNG (^^%f\3) XL fuel sales cap Tori Tama raises #EjgBfe^; SGX, mandate INVESTORS' FORUM could hurt tourism yakitori stakes women directors Avoid getting that pink slip C lj^ PAGE 4 PAGE 23 PAGE 5 PAGE 14
      42 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Private equity crisis may turn into a rout
        59 2 THE next few years could see at least 20 per cent of the largest leverage-buyout private equity firms go out of business. Dealogic data shows that global private equity buyout investments have trickled to a halt as deals this year have fallen
        59 words
      • Article
        Lock icon D-day for Dubai as bond payment is due
        42 2 NAKHEEL PJSC's payment on its Islamic bond is due today. Any possible non-payment will trigger cross defaults on two other securities, taking the total affected debt to U555.25 billion, bond documents show. FRONT PAGE
        42 words
      • Article
        Lock icon Wall Street may continue its sideways tango this week
        51 2 THE dark clouds of recession over the US economy continued to give way to sunnier forecasts last week, but investors were unmoved by Wall Street's rising confidence that fourth quarter growth will be more robust than previously expected. TOP STORIES, PAGE
        51 words
      • Article
        Lock icon 3i keeping both eyes on region
        50 2 BRITISH private equity firm 3i, which recently finalised its investment plans for 2010, hopes to spend at least US$lOO million in either Singapore or Malaysia, and possibly up to US$lOO million on a growth capital deal elsewhere in the region. TOP STORIES, PAGE 2
        50 words
      • Article
        Lock icon Shell moves to start chain reaction here
        46 2 SHELL Chemical is looking at more value-added downstream investments in Singapore which will be a catalyst for a significant new "high purity chemicals corridor", and potentially attract more supporting players here, Shell's London-based head said. TOP STORIES, PAGE 4
        46 words
      • Article
        Lock icon Japan-China FTA part of Xi's agenda
        51 2 CHINESE vice-president Xi Jinping's three-day visit to Japan which is scheduled to begin today could herald a significant breakthrough in Japan-China relations and also help lay the foundations for an East Asia Community as proposed by Japanese Prime Minister Yukio Hatoyama. TOP STORIES, PAGE
        51 words
      • Article
        Lock icon MM Lee: Pinnacle@Duxton prices reflect high demand
        48 2 THE higher prices of Pinnacle@Duxton during the second launch were a function of strong demand for the units, Minister Mentor Lee Kuan Yew said yesterday. The 111 units offered in September 2008 went for $545,000 to $645,800. SINGAPORE NEWS, PAGE 13
        48 words
      • Article
        Lock icon Fed's rate policy could spark next financial crisis: Roach
        62 2 THE US Federal Reserve may cause another crisis by botching the withdrawal of liquidity from the US economy, Morgan Stanley Asia chairman Stephen Roach said. The Fed is the "weak link" among central banks and may fail to tighten monetary policy
        62 words
      • Article
        Lock icon Hong Kong beats Shanghai in IPO race
        66 2 IN the IPO boom that has swept through Asia this year, the Hong Kong Stock Exchange emerged as the world's top producer of new, publicly traded companies. In Shanghai, it was a different story the local exchange produced a fraction of the public
        66 words
      • Article
        Lock icon Strong bids land CNPC, Petronas Iraq oil deals
        39 2 PETRONAS and CNPC made aggressive bids to become major players in the global energy market by snatching contracts for Iraq's oil fields at an auction over the weekend. ASIA-PACIFIC/WORLD, PAGE 19
        39 words
    • Article, Illustration
      Lock icon Wall St may continue its sideways tango this week
      985 2  -  ANDREW MARKS WALL STREET INSIGHT Good news has largely been priced in, but all eyes are on the Fed meeting By in New York THE dark clouds of recession over the US economy continued to give way to sunnier forecasts last
      AP  -  985 words
    • Article
      Lock icon 3i keeping both eyes on region
      582 2  -  OH BOON PING It could spend USsloomona buyout in Spore or Malaysia next year By [SINGAPORE] British private equity firm 3i, which has recently finalised its investment plans for 2010, hopes to spend at least US$lOO million on a buyout in either Singapore or
      582 words
    • Article, Illustration
      Lock icon Economist Nobel Prize winner Samuelson dies
      326 4 Bloomberg OBITUARY His best-selling textbook reshaped the discipline [WASHINGTON] Paul Samuelson, Nobel Prize-win-ning economist and author of the best-selling economics textbook in history, died yesterday at his home in Belmont, Massachusetts. He was 94. Mr Samuelson's death was announced by the Massachusetts Institute of
      Bloomberg; DONNA COVENEY/MIT  -  326 words
    • Article, Illustration
      Lock icon Shell moves to start a chain reaction here
      648 4  -  RONNIE LIM Its investments may attract new players; LPG terminal for Qatar gas possible By [SINGAPORE] Shell Chemicals is looking at more va-lue-added, downstream investments in Singapore which will be a catalyst for a significant, new "high-pu-rity chemicals corridor", and potentially attract
      AFP  -  648 words
    • Article, Illustration
      Lock icon Japan-China FTA part of Xi's agenda
      705 4  -  ANTHONY ROWLEY China leader's visit could also mark a breakthrough in relations with Japan BY. in Tokyo CHINESE vice president Xi Jinping's three-day visit to Japan which is scheduled to begin today could herald a significant breakthrough in Japan-China relations, experts believe, and also
      I AP  -  705 words
    • Article, Illustration
      Lock icon KL needs to find less complicated solution
      554 4  -  LEE U-WEN COMMENTARY Proposal to cap fuel sales could hurt tourism CONFUSING; unfair; impractical; difficult to enforce these are just some of the ways in which Singaporean motorists have been describing a Malaysian proposal to cap the amount of fuel sold at border
      554 words
  • Page 2 Advertisements
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      41 2 BUILDING FUTURES One success story at a time ■r" I want a global I js*a /^^B distinctive mark in I J I I alternative investments 111 fw< V IWE HAVE THE PLAN 114 Dec (Mon) Level 3Rm 310 CAIAPVI4I2 emailaddress name
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      147 3 Find out how everlasting value feels: the 1815 by A. Lange Sohne. 111 li I 1 f 'iti Wj Gi-AsH^T"rF: iysA >^ y\ v\ x\ I /y x GLASHUTTE r /SA Much is being said and much written about the masterpieces yourself for example with Lange's 1815 in our showroom.
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      219 4 T^^ Planning your group retreat? Be it corporate incentive, V^gjgggJ^/ conference packages, teambuilding, free easy..... Book your group retreat with us today! The Leading Operator J r Established 1985 Friendly Professional Service Assured I L^iiWHa ™^rS^% A FLEET OF EXCLUSIVE CLASS MOTORCOACHES FOR CHARTER I WMfp^^t Your destination planner for
      219 words
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  • COMPANY NEWS
    • Article
      Lock icon SGX, mandate women directors
      770 5  -  R SIVANITHY N ITS latest revamp of the Listing Manual announced last week, the Singapore Exchange (SGX) tackled many issues relating to company diI rectors, both executive and independent. Unfortunately, although the proposed changes are likely to go some way in strengthening local governance, the exchange
      770 words
    • Article
      Lock icon EQT, GIC buy Springer Science in forced sale
      591 5 Reuters Deal shows return of life to leveraged loan market [LONDON] Swedish private equity firm EQT and the Government of Singapore Investment Corporation are buying German publisher Springer Science and Business Media from its private equity owners in a forced sale for
      – Reuters  -  591 words
    • Article, Illustration
      Lock icon Healthway plans to invest another $20m in China
      626 9  -  YEN SREENIVASAN It is targeting a dozen first and second-tier cities there By AFTER expanding rapidly into one of Singapore's largest clinic chains, Catal-ist-listed Healthway Medical Corporation has set its sights on equally rapid expansion into the huge China market. Less than
      3U ARTHUR LEE  -  626 words
    • Article
      Lock icon AXA puts auction of stake in China insurer on ice
      520 9 Reuters [HONG KONG] French insurer AXA has put the auction of its 15.6 per cent stake in China's Taikang Life on hold until next year amid growing concerns that some potential buyers may be restricted under rules proposed by the
      Reuters  -  520 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      362 9 Legends US$; Rmb; HKS; A) AS; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (af) Cash/Bonus Tax Exempt (One-Tier); (ag) Dividend/Distribition; (ai) To be announced; (ak) Final Tax Exempt (One Tier); (an) First and Final Tax Exempt (One Tier); (ao) Income; (as) Interim;
      362 words
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      22 5 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. HI
      22 words
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      48 5 IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by International Enterprise Singapore. IG Markets does not operate a securities, futures or commodities market.
      48 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stay long even if Bernanke is worst Fed chief
      661 6  -  R SIVANITHY STOCKS LAST week, US Federal Reserve chairman Ben Bernanke warned of "formidable headwinds" for the US economy, a statement which observers have universally taken to mean that when the Fed meets on Wednesday for its next Open Markets Committee
      661 words
    • Article
      Lock icon Upside potential of gold price still intact
      478 6 COMMODITIES GOLD has appreciated 40 per cent this year, peaking at U551,218.25 on Dec 3 (London Gold AM Fix). Many investors wonder why it has risen so much so quickly and whether the trend will continue. Gold has appreciated primarily because of central
      478 words
    • Article
      Lock icon Asian currencies lower against greenback
      542 6 -AFP CURRENCIES [HONG KONG] Asian currencies retreated against the US dollar this week as positive US economic data lifted hopes for a global economic recovery and sent the greenback higher. The US dollar's gains were also driven by the possibility that the Federal Reserve, reacting
      . -AFP  -  542 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1482 6 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llgreen Prop Ltd 1.91 1.91 11 7.91 14.42 1.35 1.13 ,RA Asset Mi )t Ltd 2.00 2.00 2 8.05 10.81 1.07 0.86 .rmstrong Ind Corp Ltd
      1,482 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 6 Dec 11 VALUE CLOSE BT OB/OS 131.00+111.0 BT CADI -*****.00 +8.00 BT 10-day MA -*****.00+13.00 FTSE ST Mid Cap 662.31 +0.04 FTSE ST Small Cap 530.32 -0.79 FTSE ST All Share 688.94 +3.64 FTSE ST China Top 277.32 +0.16 FTSE ST China 297.84 +1.99 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME China XLX 337,518,000 Golden Agri 283,662,000 Achieva 281,883,000 Yinq Li 272,006,000 CapMallsAsia 240,173,000 Oceanus 185,516,000 Ban Joo 176,556,000 Novena 167,504,000 China Milk 164,714,000 Sapphire 154,043,000 VALUE(S) CapMallsAsia 637,212,721 Capita Land 333,713,908 Noble Grp 257,004,296 China XLX 244,867,920 DBS Grp 234,604,466 Sing Tel 224,069,723 UOB 199,997,205 Keppel
      59 words
    • Article
      Lock icon RISES
      108 6 CLOSE UP 1080 68.0 6.7 :it '.ES.0912 OCC3.93% NCPS10 8360 60.0 0.7 OCBC Bk5.1%NCPS 100 ***** 56.0 0.6 DBS Bk6% NCPS 10 ***** 50.0 0.5 :it 1078 42.0 4.1 DBXT MSKorea 10US$ 4542 38.9 0.6 STXPO 100 1380 36.0 2.7 OCC5.1% NCPS 100 ***** 30.0 0.3 UOB 1980 28.0
      108 words
    • Article
      Lock icon FALLS
      109 6 CLOSE DOWN *****-894.6 -5.5 GLD 10US$ DBXT FTVietnam 10US$ 4281 -470.9 -7.3 DBXTDJE50 10US$ 4305-293.1 -4.7 BMT 1100-200.0 -15.4 iBXT MSEuroi 10US$ 4289-159.7 -2.6 DBXT FTChina25 10US$ 3098-154.2 -3.5 iBXT Ni 10US$ ***** -97.2 -0.6 ir China H 10US 1677 -91.7 -3.8 JMH 2924 -77.8 -1.9 JardineC&C 2530 -72.0
      109 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Dec 11 %CHNG CLOSE FRDeciO YR2009 S$ LOW S$ HIGH USS 1.3898 -0.07 1.5579 1.3800 Euro 2.0511 -0.38 2.0952 1.9150 Pounds 2.2684 -0.34 2.4366 2.0356 AS 1.2728 -0.10 1.2942 0.9453 Yen* 1.5624 0.79 1.7278 1.4831 Rill liah* 0.***** -0.04 0.***** 0.***** Baht* 4.2001 -0.21 4.3390 4.1040
      85 words
    • Article, Illustration
      Lock icon All portfolios advance, at an average 1.5%
      1462 8  -  TEH HOOI LING IT HAS been a good two weeks for the stock market, the turbulence caused by Dubai World seeking a delay to repay its debts notwithstanding. All our portfolios advanced. The average gain is 1.5 per cent. The portfolio which rose
      1,462 words
    • Article, Illustration
      Lock icon Buybacks plunge after 4 weeks of rising activity
      1308 8  -  ROBERT HALILI INSIDE MARKETS By THE insider activity was flat last week with 11 companies that recorded 22 purchases worth $4.6 million versus five firms with eight disposals worth $16.8 million. The number and value of trades were consistent with the previous
      1,308 words
    • 2009 Market Performers
      • Article, Illustration
        Lock icon Untitled
        665 10 FOREWORD THE past year is certainly the most tumultuous one faced by global financial markets over the past 80 years. While economic and corporate earnings' growths in recent months have raised hopes that the worst of the financial crisis is over, concerns over the fragility of the global recovery have
        665 words
      • Article, Illustration
        Lock icon Aztech achieving growth through strategic diversification
        704 10 Aztech demonstrates its resilience to ride various economic cycles ESTABLISHED in 1986, Aztech Group Ltd started as a Singapore household name in PC, PC peripherals and sound cards. Aztech's primary design and manufacturing electronics business has diversified and grown over the past two decades
        704 words
      • Article, Illustration
        Lock icon Digital Media Coming of Age
        788 11 The business focus on telecommunication operators has helped to shield the Group's financial performance amid the downturn ONE of Singapore's biggest M&A activities this year has brought DMX Technologies Group Ltd into the limelight. Amid recovery from the global liquidity crunch, KDDI Corporation's whopping investment
        788 words
      • Article, Illustration
        Lock icon Constructing Success
        931 11  -  Mr Choo Chee Onn, AGAINST the backdrop of the integrated resort development in Sentosa, another landscaperedefining scene is underway in another part of this island which has created a new residential and social community previously unheard of. one°ls Marina Club, The Berth By the Cove, The Coast, Turquoise,
        931 words
      • Article, Illustration
        Lock icon Bridging communications within Indochina
        757 12 WHILE only a few Singapore companies have had success in penetrating key emerging markets in Indochina, Ntegrator International Ltd. has gone one step further: The Group now commands a strong foothold in these developing telecommunications markets. A regional communications network specialist and systems integrator whose current
        757 words
      • Article, Illustration
        Lock icon Asia's Concoction
        762 12 The beer and spirits industry has helped turn the Thaißev empire into a progressive and strong conglomerate and will remain as the Group's core business focus spirits producer globally by sales volume. Since its mega 551.57 billion Singapore listing in 2006, the Group has acquired white spirits distilleries,
        762 words
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      132 7 The new contender M KFELS SSDT Defining tender-assist drilling Product of a winning partnership and excellent project management, West Vencedor is the sixth semi-submersible drilling tender built by Keppel FELS for Seadrill Asia. Delivered on time and within budget, the proven KFELS SSDT 3600E design provides an innovative and cost-effective
      132 words
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  • Page 9 Advertisements
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      745 9 COMPANY MEETINGS COMPANY MEETING PLACE DATE TIME Falmac Ltd A 5 Shenton Way, #09-07 UIC Building, Singapore *****8 14-Dec 11.00 am Natural Cool E 29 Tai Seng Avenue #07-01, Natural Cool Lifestyle Hub, Singapore *****9 14-Dec 10.00 am Enporis Greenz E FTSE Room, 9th Floor Capital Tower, 168 Robinson Road,
      745 words
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      200 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NYK LOGISTICS 2008 PTE LTD Company Registration N0.*****0479H (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.so, that a Final Meeting of the Members
      200 words
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      1435 9 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) II AND IN THE MATTER OF rsr- ECON CORPORATION INTERNATIONAL LTD L.EXIC O N (In Creditors1 Voluntary Liquidation) (Co. Reg. No.: *****3115 M) THE LEXICON GROUP LIMITED NOTICE OF DIVIDEND TO PREFERENTIAL CREDITORS (Unique Entity Number: *****135Z) NameofCompany ECON CORPO^ON INTERNATIONAL
      1,435 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Higher prices for Pinnacle reflect strong demand: MM
      605 13  -  JOYCE HOOI Young couples will get govt aid in fulfilling dream of home ownership By THE higher prices for The Pinnacle@Duxton during its second launch were a function of strong demand for the units, Minister Mentor Lee Kuan Yew said yesterday. "Even
      LAU FOOK KONG/THE STRAITS TIMES  -  605 words
    • Article, Illustration
      Lock icon Manufacturers' interest in Perak rises as access improves
      477 13  -  TEH SHI NING Lower costs, skilled and cheaper labour there add to draw By LOCAL manufacturers have shown increased interest in Malaysia's northern state of Perak, sparked by Firefly's direct flights there, says Renny Yeo, president of the Singapore Manufacturers' Federation (SMa).
      FILE PHOTO  -  477 words
    • Article, Illustration
      Lock icon NUS students getting a taste of real investing
      637 13  -  FELDA CHAY New trading lab will be equipped with live news and data feed on Asian stocks By IT is probably something that students who have the ambition to become asset managers dream of. For those who want to make a career
      | YEN MENG JIIN  -  637 words
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  • Page 13 Miscellaneous
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Avoid getting that pink slip
      1471 14 In a tough economy, it can be difficult to hang on to your job. But it's equally important to take advantage of every opportunity to boost your employability, says N RAVINDRAN OST countries are going through a tough patch economically. Simple economics says that when
      1,471 words
    • Article, Illustration
      Lock icon Land of the rising sun beckoning
      831 14  -  JAN ONG CHUA Yl DA CAMPUS LIFE Students seized the chance to initiate their overseas education programme. By AS International Business students eyeing a globe-trotting career, we were excited to embark on our very first business trip to Japan last month. The opportunity arose
      831 words
    • Article
      Lock icon Be smart with your finances
      204 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 14 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Fed's rate policy could spark next financial crisis
      524 15 Bloomberg Morgan Stanley's Roach warns of unfounded increases in asset prices [PARIS] The Federal Reserve may cause another crisis by botching the withdrawal of liquidity from the US economy, Morgan Stanley Asia chairman Stephen Roach said. The Fed is the "weak link"
      – Bloomberg  -  524 words
    • Article
      Lock icon S Korea raises 2010 growth forecast, rate rise expected
      544 15 Bloomberg [SEOUL] South Korea's economy will expand next year at the fastest pace in three years as a pickup in the global economy boosts demand for the nation's goods, the central bank said last Friday. Gross domestic product will increase 4.6
      Bloomberg  -  544 words
    • Article
      Lock icon Indonesia inflation seen rising in Q2
      492 15 j Reuters [JAKARTA] Indonesian inflationary pressure is forecast to pick up in the second quarter of next year, the central bank senior deputy governor said last Friday, reinforcing investor expectations of a rate rise as soon as the first quarter. But Darmin Nasution, who
      — —j – Reuters  -  492 words
    • Article, Illustration
      Lock icon Greece must decide on higher tax or higher debt
      539 15 Reuters, Bloomberg European partners expect Athens to get its house in order [MILAN] Greece must choose between tax measures or a higher cost of debt after Fitch cut its sovereign rating, the OECD's new chief economist said in an interview with
      – Reuters, Bloomberg; AFP  -  539 words
    • Article
      Lock icon Commodity assets under mgt seen hitting US$250b by end-09
      349 15 Bloomberg [NEW YORK] Commodities demand will likely "continue to surprise" as investors pump a record US$6O billion into raw materials through index swaps, exchange-traded products and medium-term notes this year, according to Barclays Capital. By year-end, "commodity assets under management" will
      – Bloomberg  -  349 words
    • Article, Illustration
      Lock icon China may be aiming for early iron ore settlements
      687 15 Reuters But miners are in a strong position due to high spot prices [SYDNEY] Falling iron ore spot prices and shipments into China could signal a push by the world's biggest buyer of the steel-making raw material to position itself for
      Reuters; REUTERS  -  687 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Don't blood new talent without smooth transition at Petronas
      647 16  -  S JAYASANKARAN MALAYSIA INSIGHT It will be a pity if Hassan Merican is made to pay the price for board's earlier action YOU HAVE to doff your hat to Petronas. Petronas is the acronym for Petroliam Nasional, Malaysia's national oil corporation,
      647 words
    • Article
      Lock icon Jakarta to scrap curbs on sugar sales
      311 16 Reuters [JAKARTA] Indonesia plans to scrap a rule which restricts the sale of white sugar in the domestic market next year, to ensure a steady supply of the sweetener in South-east Asia's largest consumer, Trade Minister Mari Pangestu said on Friday. The move
      – Reuters  -  311 words
    • Article, Illustration
      Lock icon Najib to speed up reforms to draw investors, support
      761 16 Reuters One option being considered could be to open the Front to direct membership [KUALA LUMPUR] Malaysian Prime Minister Najib Razak is to accelerate economic and political reforms in his country in a bid to woo back investment and regain political
      – Reuters; REUTERS  -  761 words
    • Article
      Lock icon BURSA MALAYSIA
      2068 16 lee 11 RM (000) \&M Realty \bricBhd \dvance Synergy \dventa Bhd \eMulti Hldgs \ffin Holdings \hmad Zaki Resou \ic Corp Mrasia Bhd \kn Technology Mliance Financi Muminium Co Amalgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pm Automotive
      2,068 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Hong Kong beats Shanghai in IPO race
      819 17 Reuters But tide may turn when China opens its capital markets further over time [HONG KONG] In the IPO boom that has swept through Asia this year, the Hong Kong Stock Exchange (HKEx) emerged as the world's top producer of new, publicly traded
      – Reuters  -  819 words
    • Article, Illustration
      Lock icon Shares of Asian smartphone makers on the rise
      645 17 Reuters [TAIPEI] Shares of major smartphone makers and other suppliers of microchips and touch-sensitive screens in Asia have been stellar performers of late, thanks to optimism over sales growth next year. As more featurejammed smartphones fly off the store shelves, South Korea's
      – Reuters; AFP  -  645 words
    • Article
      Lock icon China's Nov copper imports climb from 9-mth low
      374 17 Bloomberg [BEIJING] China's copper imports rebounded from a nine-month low and domestic output of the metal jumped to a record as producers in the world's largest consumer anticipate rising demand amid a strengthening economic recovery. Imports of copper and products increased to
      Bloomberg  -  374 words
    • Article
      Lock icon US money manager bets on China, India
      735 17 Reuters Sustained growth in domestic consumption seen [MUMBAI] Matthews International, an US$ll billion US-based money manager focused on Asia, is betting on Chinese and Indian stocks, such as Dongfeng Motor, China Life and Dabur, on expectations of sustained growth in domestic consumption in
      – Reuters  -  735 words
    • Article, Illustration
      Lock icon Jindal Power plans 100b-rupee IPO
      508 17 Bloomberg [NEW DELHI] Jindal Power Ltd, controlled by India's richest woman, plans to raise as much as 100 billion rupees (Ss3 billion), testing appetite for energy shares after investors lost money on every Indian utility IPO this year. The generating unit of Jindal Steel Power
      – Bloomberg  -  508 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Rare mammal may save Okinawa coastline
      870 18  -  ANTHONY ROWLEY Airbase plans violate a US preservation act as Henoko is the natural habitat of the endangered dugong By in Tokyo AMID signs that the Japanese government may be preparing to compromise on its tough stand against relocation of a US Marine air
      V . i__ AFP  -  870 words
    • Article
      Lock icon Japan's 'clunkers' unfair to imports, say US car firms
      481 18 Bloomberg [TOKYO] Japan's version of a "cash for clunkers" programme intended to spur car sales discriminates against imported vehicles, Ford Motor Co, General Motors Co and Chrysler Group LLC said. The nation's effort "overwhelmingly benefits the purchase of domestic vehicles over
      Bloomberg  -  481 words
    • Article
      Lock icon Asia climate plans to benefit energy efficiency sector
      449 18 -Reuters Building efficiency is the segment with the largest potential [HONG KONG] Asia's aggressive emission targets and legislation around carbon and power use are expected to drive demand for energy efficiency products and services, creating lucrative opportunities for investors in the sector.
      -Reuters  -  449 words
    • Article, Illustration
      Lock icon Golfing world, corporate sponsors hit by Tiger's absence
      734 18 -AFP [ORLANDO, Florida] Tiger Woods faced more fallout from his sex scandal yesterday as stunned rivals said they looked forward to his return after an indefinite break in his golfing career and sponsors pondered their future cooperation with the billionaire athlete. Woods
      -AFP; I AP  -  734 words
    • Article
      Lock icon 'Whack A Banker' game proving a hit in UK
      192 18 AFP [LONDON] A new "Whack A Banker" amusement arcade game is proving so popular in Britain that the mallets used to clobber them are wearing out fast, its creator said. Inventor Tim Hunkin's machine at his seaside pier arcade in Southwold,
      AFP  -  192 words
    • Article
      Lock icon Citibank sued by Terra Firma over EMI deal
      657 19 Reuters Terra Firma bought EMI at the height of the buyout boom in 2007 in a £4b deal [LOS ANGELES] British private equity firm Terra Firma accused Citigroup Inc of fraud and sued the bank for billions in damages in connection with
      – Reuters  -  657 words
    • Article
      Lock icon British lawmakers consider rewriting archaic libel laws
      600 19 NYT [LONDON] England has long been a mecca for aggrieved people from around the world who want to sue for libel. Russian oligarchs, Saudi businessmen, multinational corporations, American celebrities all have made their way to London's courts, where jurisdiction is easy to obtain
      NYT  -  600 words
    • Article, Illustration
      Lock icon Strong bids land CNPC, Petronas Iraq oil deals
      840 19 -AFP, Reuters [BAGHDAD] Asian firms Petronas and CNPC made aggressive bids to become major players in the international energy market by snatching up contracts for Iraq's oil fields at an auction over the weekend. The Malaysian and Chinese companies, both massive state-owned
      -AFP, Reuters; AFP  -  840 words
    • Article
      Lock icon Harvard Business Review goes for a makeover
      404 19 -NYT In the Jan/Feb issue, its usual cover list of articles is gone [BOSTON] Like the university it springs from, Harvard Business Review has been all about sober tradition. Modernity? Pah! Harvard Business Review has remained fairly constant over its almost 90-year history,
      -NYT  -  404 words
    • Article, Illustration
      Lock icon To financial hell and back for Gordon Ramsay
      376 19 Bloomberg [LONDON] On a grey morning in October, Gordon Ramsay bursts into the kitchen of his south London house, pop music blaring from the radio. The 43-year-old Scot pours himself a juice, sits at the kitchen table and looks back on his
      Bloomberg; BBC LIFESTYLE  -  376 words
    • Article
      Lock icon Mining firm fined record US$l.8b for waste pollution
      232 19 -NYT [NEW YORK] After a four-year legal battle, a mining company has paid the US government a record US$l.79 billion to settle claims for hazardous waste pollution across 19 states, federal agencies announced. Officials said the payment on behalf of the company,
      -NYT  -  232 words
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  • FOCUS: US FINANCIAL CRISIS
    • Article, Illustration
      Lock icon Rating agencies also need a major revamp
      1700 20 -NYT Nothing in the laws threatens the 85% market share that Moody's, S&P and Fitch (Big 3) now enjoy [NEW YORK] When the financial crisis began, few players on Wall Street looked more ripe for reform than the Big Three credit rating agencies.
      -NYT; AFP  -  1,700 words
    • Article
      Lock icon Ginnie Mae – understaffed and putting taxpayer money at risk
      1476 20 Ginnie Mae understaffed and putting taxpayer money at risk -LAT-WP Agency backed 1 in 5 new mortgages good and bad securitised in past year [WASHINGTON] The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run the company.
      -LAT-WP  -  1,476 words
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  • FOCUS: MADOFF
    • Article, Illustration
      Lock icon Scope of scam still unknown one year on
      1220 21 -AP Uncertainty remains over size of theft; family, associates may still be charged [NEW YORK] The FBI agents who arrived at Bernard Madoff s luxury penthouse apartment on the morning of Dec 11 last year found a broken man in a bathrobe
      -AP; AFP  -  1,220 words
    • Article, Illustration
      Lock icon 9,900 of 11,500 loss claims from Madoff fiasco denied
      617 21 Bloomberg [NEW YORK] Most of the people who say they lost money with Bernard Madoff have had their claims denied because they invested with the con man indirectly or withdrew more money than they put in. Trustee Irving Picard has turned
      Bloomberg; BLOOMBERG  -  617 words
    • Article
      Lock icon Charities continue to count the cost
      500 21 -AP [NEW YORK] Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad. Hadassah, the century-old Jewish charity she had been elected to lead a year earlier, had just lost a big chunk of
      -AP  -  500 words
    • Article
      Lock icon Prosecutors seek delay in Madoff investor's civil suit
      454 21 -NYT [NEW YORK] Federal prosecutors want to delay civil litigation against one of Bernard Madoff s largest investors until a "parallel criminal investigation" is resolved, according to court documents filed on Friday. If the request is granted, it would postpone for six
      -NYT  -  454 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon 787 Dreamliner making maiden flight this week
      547 22 Bloomberg Date depends on internal reviews, taxi test US FAA approval, weather [SEATTLE] Boeing Co scheduled the 787 Dreamliner's maiden flight for this week, an event that would cap more than two years of delays and meet an August promise to fly by
      Bloomberg  -  547 words
    • Article
      Lock icon Concerns weigh on Baltic Index
      346 22 Bloomberg It posts biggest weekly fall since August as orders wane [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, posted its biggest weekly decline since August on speculation that customers have a dwindling number of cargoes left to book for this
      – Bloomberg  -  346 words
    • Article, Illustration
      Lock icon Test flight by Airbus troop plane
      425 22 Reuters [SEVILLE, Spain] Europe's new military transport plane, the Airbus A4OOM, made its first test flight on Friday as buyers resumed talks on how to keep the delayed 20 billion euro (5540.66 billion) project airborne. The A4OOM was commissioned by seven European Nato countries
      – Reuters; AFP  -  425 words
    • Article
      Lock icon Australia approves Delta, Virgin Blue venture
      377 22 -AP [ATLANTA] Australian regulators have approved a joint venture between Delta Air Lines Inc and Virgin Blue Airlines Group that would give the carriers greater flexibility in coordinating flights between the US and Australia, and to share revenue. US regulatory approval is pending, Delta
      -AP  -  377 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        113 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.67 0.34 1.08
        113 words
      • Article
        Lock icon KLSE
        32 22 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings PDZ Holdings 0.90 8.74 8.70 3.12 3.12 0.09 unch -0.04 0.10 -0.02 -0.03 unch 13 4 217 36 1 480
        32 words
      • Article
        Lock icon BANGKOK
        12 22 '00 ■recious Ship Jegional Cont 17.90 ...9.60 unch 0.10 1094 585
        12 words
      • Article
        Lock icon HONGKONG
        11 22 '000 Eloil Singamas Cont 36.50 ..1.23 0.10 -0.01 1164 7374
        11 words
      • Article
        Lock icon PHILIPPINES
        17 22 '000 Aboitiz Equity ntl Container Keppel Marine 8.90 23.00 1.96 0.10 unch -0.04 4679 818 7
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      • Article
        Lock icon TAIPEI
        22 22 Evergreen Marine ....16.75 :irst Steamship 45.65 /Van Hai Lines 15.60 rang Ming Marine...11.70 0.25 0.75 0.05 0.30 5 3 6 6
        22 words
      • Article
        Lock icon TOKYO
        40 22 '000 Cawasaki Hvy Ind ..235.00 Cawasaki Kisen 247.00 Mitsubishi Hvy 321.00 vlitsui Eng&Sbldg...221.00 vlitsui Osk Lines 479.00 Mippon Express 403.00 MipponYusen 261.00 iource: Thomson Reuters 14.00 ***** 4.00 9692 17.00 ***** 8.00 6795 2.00 ***** 3.00 6260 1.00 *****
        40 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2908 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,908 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      352 22 CRYPTIC CROSSWORD Across 1 Fielder, not long a member 2 4 5 ■>' 9 Womaniser reluctant to visit a I Brazilian port (8) no 10 Criminal slot machine? (6) H H iH 11 Appalling mutterer? Pa must get a hearing aid! (3,7) ■^■^■h im 12 Seemingly endless English learnt abroad
      352 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Tori Tama ups the bar for yakitori
      610 23  -  Cheah Ui-Hoon NEW RESTAURANT Tori Tama Yakitori Tsuki-bar One Fullerton Road #01-05 Tel: 6423 1555 THERE is no shortage of Japanese joints serving yakitori here, but Tori Tama is a new specialist on the block which is upping the ante where the cuisine
      610 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      445 23 M lua v k i I A DAZZLING CHRISTMAS AT MERITUS 4| This festive season, Meritus Mandarin and Marina Mandarin invite one and all to uninhibited indulgence with its plethora of sweet and savoury goodies. Hams, Ji^p^— turkeys and roasts feature alongside log cakes, puddings and pies. Conveniently located in
      445 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9130 24 Week ended: Dec 11 52-wks Tel |h Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Hii Com| 17 3 3148 STelecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABR Hldqs 15.5 5.5 1938 AEI Corp 8
      9,130 words
    • Article
      Lock icon SGX CATALIST
      1835 25 52-wks Tel High Low Code Company Last Sale Vol Week Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 20 8.5
      1,835 words
    • Article
      Lock icon SGX ETF
      442 25 Hi. Low Code Comi Sale C000) Hi. Low Bm Seller C'vr P/E >mil 111 105.1 6389 ABF SG Bond ETF 819 427 CIMBAsean40 1OOUS$ 290 149 DBS STI ETF 100 4627 3534 DBXT DJE50 1OUS$ 3282 1682 DBXT FTChina25 1OUS$ 5819 3228 DBXT FTVietnam 1OUS$ 2814 2246 DBXT
      442 words
    • Article
      Lock icon CLOB INTERNATIONAL
      254 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      254 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 25 tod name lose lange 4.190 litaMal 1.720 :if 10.780 +0.080 :omfortDelGro 1.550 :osco Corp 1.080 iBS Grp 14.780 +0.200 4.000 ienting SP 1.080 iolden Agri 0.490 +0.015 IK Land 4.900 +0.070 tocl name lose lange IMH 29.240 -0.140 ISH 17.340 -0.180 lardine C&C 25.300 +0.480 Keppel
      109 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      105 25 Up Down Unch Up Down Unch Up Down Unch Multi Ind 13 3 1 0 0 0 13 3 1 Manufacturing 112 56 65 15 13 12 127 69 77 Commerce 34 22 24 10 44 26 29 'St. >r/G ms 22 13 23 16 Finance 16
      105 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 25 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 105,035 105,035 303,111 303,111 Manufacturing 2,122,822 71,907 2,194,729 1,329,449 4,023 1,333,472 Commerce 1,025,730 235,049 1,260,779 624,112 55,301 679,413 ]t/Stor/Comms 432,310 34,056 466,366 682,464 7,098 689,562 Finance 95,256 95,257 740,284 740,284 Construction 188,203 158,565 346,768 54,123 2,606 56,729 Properties 941,619
      117 words
    • Article
      Lock icon STOCKS ASIA
      2668 25 Transaction date: Dec 11 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day IONG KONG Vol ■000 HK$ \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,668 words
  • Page 24 Advertisements
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  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      29 25 Insiders'trades. Brokers'recommendations. Dividend table. TUC Dl ICIMECC XllV/ICC The pages also cover transactions by directors and substantial It DU3IIMC33 I lIVIC3 shareholders. In other words, news you can use.
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 11 World Index Preliminan 815.7 0.3 20.3 0.2 21.2 0.0 25.4 EAFE Preliminai 763.2 0.7 17.6 0.2 22.1 0.0 26.3 Euri Prelim inan 1094.1 0.3 20.0 0.1 24.8 -0.2 29.1 Pacific
      363 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      124 26 As at 9am Dec 11 )f foreign currency: Currencies Bid Offer lust dollar 1.2600 1.2980 .an dollar 1.3130 1.3290 luro 2.0340 2.0580 IZ dollar 1.0020 1.0240 iterlini md 2.2480 2.2740 IS dollar 1.3810 1.3970 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer Ihi
      124 words
    • Article
      Lock icon INTERBANK RATES
      174 26 Dec 11 Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer pal 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.29 0.35 0.37 0.55 0.90 1.00 Offer 0.20 0.24 0.25 0.27 0.45
      174 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Dec 11 ten HL Sett iTI Dec 2801 IIMSCI Dec 333.5 337.4 336.1 "aiwan Dec 275.9 281.5 280.8 Source: MF Global (S) He. Ltd
      27 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Dec 11 S$ Bid Offer 1-month 1.3894 1.3909 2-months 1.3897 1.3913 3-months 1.3899 1.3915 6-months 1.3904 1.3921 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      61 26 Dec 11 lelivery lonth Opening Sett Av Range Price Price Vol Open Done Position Hii Low }ec 09 2455 Ian 10 2493 =eb 10 2526 Mar10 2530 Total o/p: ***** contracts 2441 2465 2451 22 591 2494 2499 2483 1380 9253 2530 2535 2505 8210 ***** 2537 2538
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      345 26 Dec 11 URODOLLAR FUTURES Dec09 VlarlO Iun10 >ep10 99.7450 99.6000 99.4000 99.1200 0 0 0 0 5799 ***** 6377 3236 EUROYEN TIBOR FUTURES Dec09 99.5350 99.5350 VlarlO 99.6300 99.6300 Iun10 99.6550 99.6550 >ep10 DedO Vlar11 Iun11 >ep11 99.5350 99.6250 99.6550 99.5350 99.6250 99.6400 99.6700 99.6800 99.5950 99.5350
      345 words
    • Article
      Lock icon SICOM FUTURES
      182 26 Dec 11 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) Ian 10 =eb 10 Vlar 10 <\pr10 Vlay 10 lun 10 267.5 268.5 269.5 270.5 271.5 272.0 24 134 24 588 743 594 498 746 596 rSR 20 (US
      182 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 26 Dec 11 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi' Day's [h Low 3-Month BQ*****F 11.03.2010 1-Year BY*****N 01.11.2010 0.53 0.55 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500
      86 words
    • Article
      Lock icon CHICAGO BOT
      103 26 Dec 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 1035.00 1027.00 1041.25 1020.00 Mar 10 1043.00 1035.75 1049.00 1028.50 May 10 1049.00 1042.50 1054.00 1035.00 Jul 10 1053.50 1047.75 1058.00 1039.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 39.22 39.09 39.32
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Dec 10 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 72.59 -2.81 WTI (Near Mth) 70.48 -0.40 Dubai (1-Mth F) 73.27 -3.27 Tapis blend 75.95 -3.35 Minas 75.20 -3.35 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 76.45 80.20 -3.05 -2.65 USS/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 26 Dec 11 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: iustralia 0.962 6.251 0.621 7.097 42.621 86.433 0.813 10.658 3.110 1.261 76.956 42.278 1.273 6.912 0.940 29.528 30.329 0.561 0.916 Canada 1.040 6.500 0.646 7.379
      464 words
    • Article
      Lock icon SIBOR
      76 26 Dec 11 (US$) (s$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** i rrnrib u.d/u^d I mths 0.***** 2 mths
      76 words
    • Article
      Lock icon PRECIOUS METALS
      137 26 Dec 11 GOLD (USS/oz) Dec 11 Dec 10 Hong Kong 1137.30 1127.30 London Dec 10 Dec 11 1123.60 1114.35 1124.60 1115.15 Source: Thomson Reuters CAST BAR (S$) Dec 11 Buying Sellini Kilobar "54,394.52" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz
      137 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 26 Dec 11 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2716 1.2735 0.9154 0.9158 Canadian dollar 1.3222 1.3240 0.9518 0.9521 Euro 2.0463 2.0492 1.4731 1.4736 NZ dollar 1.0083 1.0103 0.7259 0.7265 Sterlini 2.2663 2.2695 1.6315 1.6321 US
      157 words
    • Article
      Lock icon LONDON METALS
      70 26 Dec 11 luminium, 99.7% uritv (USS/tonne) Close Previous Cash 2239.70 2165.75 3 months 2275.00 2203.00 Copper, Grade A (USS/tonne) Cash 3 months 6796.00 6835.00 6770.75 6810.00 Lead (USS/tonne) Cash 2268.00 3 months 2301.00 2241.50 2275.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      77 26 Dec 11 (£/tonne) Close Prev Hii ih/Low Dec 09 2211 2214 2223/2208 Vlar 10 2267 2276 2284/2265 Vlay 10 2286 2295 2301/2283 lul 10 2260 2270 2273/2256 IOFFEE (US$/tonne) Close Pev High/Low Ian 10 1366 1382 1392/1335 Vlar 10 1394 1413 1425/1370 Vlay 10 1419 1438 1450/1403 SUGAR (US
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2403 26 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 2.5 -0.5 100 15 17 6.00 53 >036 Advance SCT Ltd W*****9 0.5 87 1650 10.00 S756 Asiatic Grp (H) Ltd W*****2 8 unch 49 3
      2,403 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3056 27 The Business Times Shipping Times 0k BlWn^BffTWWtHT^ffffßßnß WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M V l/I_M £BBmg9k WHBi^P V~ v |l|rf> TEL *****588 (14LINES) FAX:*****163 I^T^^^^^H .flUf EBfflS V^MRmI \\^^tt I WAN HAI INt J PKLIEL: (03> *****838 FAX: <03| *****288 PEN HL: (04) *****00 FAX: <04)*****99 BmSU^^Kimm BEHBSB
      3,056 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      3360 28 In c eastern car liner, ltd W3S3& H________J $—5"!— I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I ""yS^^ PI.!I"'™1 VOY I R-mpWT) I LihinflOT I MUA I _SIN_ PKI_ I )KI IBA I _SUR_J Awum ,»i ai ,i»u r.hjrn AND wiMiR MOP ..<- VESSEL
      3,360 words
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  • BizIT
    • Article, Illustration
      Lock icon S'pore ICT market to grow 4.6% next year
      913 29 IDC notes cautious optimism in APEJ region, reports AMIT ROY CHOUDHURY IT COMPANIES here can expect stronger market demand next year, with the information and communications technology (ICT) sector predicted to clock 4.6 per cent growth. According to Simon Piff, from IT
      913 words
    • <what's up>
      • Article, Illustration
        Lock icon Asus' steps up its game with new notebook
        106 29 ASUS has taken the wraps off a new notebook that literally takes a user's gaming experience to a new dimension. This is because the GSIJ3D is among a handful of offerings that supports three-dimensional graphics technology from Nvidia. The Asus laptop comes
        106 words
      • Article
        Lock icon New regional sales director at NetIQ
        61 29 SECURITY management firm NetlQ has appointed Mark Benfield its sales director for South-east Asia and Korea. In his new role, Mr Benfield will be responsible for driving business growth in these markets. An industry veteran with almost 20 years' experience, Mr Benfield previously held
        61 words
      • Article
        Lock icon Fuji Xerox colours up printer showcase
        78 29 FUJI Xerox will hold a printing seminar on Dec 15 and 16 at the National Museum. Called "Fuji Xerox Elections 2009", the event will cover topics such as how companies can better understand their total print costs and the benefits of adopting software-as-a-service models
        78 words
      • Article
        Lock icon StarHub bolsters mobile TV line-up
        80 29 STARHUB'S mobile customers can now tune in to three more television channels through their handsets. Nat Geographic, Nat Geo Adventure and Fashion TV have been added to the telco's mobile TV line-up to bring the channel count to 20. Star Hub users can sample these
        80 words
      • Article
        Lock icon Fujitsu strikes distribution deal with Ingram Micro
        71 29 FUJITSU has appointed Ingram Micro official distributor for its Primergy server products and Eternus range of storage systems. The agreement marks the latest move by Fujitsu to broaden the reach of these two product lines. Its Primergy servers and Eternus storage products claim
        71 words
      • Article
        Lock icon New head of managed services at Tata Communications
        81 29 TATA Communications has appointed David Wirt its global head of managed services. Based in Singapore, he will oversee this fast-growing unit, along with the company's data centre engineering and operations functions and its outsourcing business. Mr Wirt will report to Vinod Kumar,
        81 words
      • Article, Illustration
        Lock icon Dell lightens the load for road warriors
        86 29 DELL hopes to give business travellers all the computing power they need without the weight that usually comes with mobile computing. Its new Vostro VI3 laptop weighs only 1.59 kg and is equipped with a ultra-low-voltage Intel processor to prolong battery life. Aimed
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      • Article
        Lock icon 3Com names new head for South Asia
        69 29  -  WINSTON CHAI NETWORKING solutions provider 3Com has appointed Kelvin Lim country manager for its operations in South Asia. The Singapore-based executive will oversee all sales, customer and partner programmes as well as the day-to-day operations of 3Com's offices in Singapore, the Philippines, Vietnam
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    • Article, Illustration
      Lock icon India's fast-growing telecoms market crowded by new entrants
      675 29 -AFP Analysts predict a brutal shake-out in next 18 months [NEW DELHI] Stein-Erik Vellan, head of Norway's Uninor, the newest Indian mobile phone operator, insists that his company will be one of the survivors in what has rapidly become a very crowded
      -AFP; REUTERS  -  675 words
    • Article
      Lock icon US 2009 videogame sales to hit USs2ob: research firm
      384 29 AFP [SAN FRANCISCO] NPD Group said on Thursday that US videogame industry sales for the year are on track to hit US$2O billion despite not measuring up to stellar revenues seen in 2008. Sales of videogame software and hardware in November
      AFP  -  384 words
    • Article
      Lock icon Google hints at making own mobile phone
      146 30 -AFP [SAN FRANCISCO] The Internet on Saturday buzzed with renewed rumours of Google making its own smartphone, after the Internet powerhouse said it is internally dabbling with a mobile device. Google workers are trying out a device that "combines innovative hardware from a
      -AFP  -  146 words
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      Lock icon British telco looks to invest more in S'pore
      643 30 CEO lan Livingston says the country is becoming more important as a business location for BT, reports ONG BOON KIAT ITH the economy and its business looking up, British telecoms giant BT could be looking to ramp up its investment level in
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